Bam, New High!

The S&P crept to another new high, keeping us reminded that Bulls don’t keel over that easily.

Where the dominant volume trend remains Bearish with four days of Distribution logged in over the past three weeks, we’ve yet to see any real price follow through.

Tomorrow’s Employment Report is just the type of thing to trigger a market pivot.

But as always, we will trade what is and not what should be.